To show the green days and the red days, what's going on team, it's ricky with tackbot solutions and just like i talked about amc yesterday with being one of the worst days, uh for amc as it was hitting lows of 35 dollars a share. All of a sudden, when things look, they think like they were simply getting that much more worse, we experienced a complete breakout of amc where it was down about four percent, nearly five percent on the day and it hit highs of 41.50. I wanted to share with you right yesterday showed um and broke down how much it was that i was down my average purchase price. I had 2300 shares now.

I'm left with 1 000 shares. I i slightly reduced my position size, i'm not here to pretend like i'm, i'm holding you guys know that i proactively day trade amnesty and i hope that you guys didn't get yesterday confused with you know. I showed that i was down on that trade. Obviously, i've been trading amc for some time and one of the things that i've always focused on is risk management.

I'm not here to convince people that are trying to hold amc to not hold. If you want to hold and that's your focus and that's your intent. All power to you, i'm here to talk to the people that are trying to trade it right and just like. We talked about amc when it was hitting highs of 52 and when it surpassed 50.

I did my part in simply reminding people, maybe why it's not the worst idea to reduce your position size at overbought levels. In case we anticipate a pullback and then, as amc began to pull on back. That's when i began to you know and assets by the dip and began to trade it and even then right. It still sold off it still sold off.

But i was doing a very good job, reducing my position, size and selling the highs and buying the lows, and i feel like i did a fair job today. My trades were not perfect, but just like i showed you guys my red day yesterday. I think i was down like 23 hundred dollars, uh today's my green day uh and i'm up a little bit over seventy nine hundred dollars and the way that i was able to do this was i wanted to show you and not just talk about it, but Um i ended up selling, i ended up. I started to sell as we surpassed 37 dollars and we were approaching 38 dollars a share and the reason why is yesterday yesterday's resistance level, as you can see, is right around 38 a share based off of yesterday's highs.

I just wanted to play it safe, so i began to load off. I sold 500 shares at 37.78. I sold 500 shares at 37.73. I sold another 300 at 38.86 and i sold 250 at 41.39.

So if you guys do the math, i only had 2 300 shares, i'm left with 750 shares and then amc began to pull on back right. So i did a really good job selling at the highs. My highest sell was this one, which is at uh 41.39, and the great thing about that is that, as it began to pull on back, then guess what? Because i sold most of my position at those overbought levels, i'm able to at least take advantage of amc at the lower prices, because i have money now left available and that's all. We ever talked about setting your future self up for success, because we know that when something goes up within a very short period of time very aggressively, it tends to somewhat correct itself.

And thankfully we did because amc went from being up over 10 percent on the day to quickly pulling back to lows of 37, and because of that i was able to buy, buy and buy, and also you guys could see this. I bought a 100 shares of tqq and i wanted to talk about that as well, so that has a focus on the nasdaq market. One of the things that you guys should be aware of - and i'm not here to encourage any of you - i'm just simply talking about the overall nasdaq market on the four hour time frame. This is the nasdaq index.

This again follows the overall nasdaq market and it is more bullish than it is bearish. I've said it so many times before that it tends to find the support at around the estimate line patterns tend to repeat themselves. They don't always have to nasdaq market. Overall markets can continue to drop, make sure you take that into consideration.

It looks like all my different apps are opening right now, but with knowing about that right, all market can continue to drop. Looking at where we're at right. Now i see that the market is more on the cheaper side than it is on the overbought side, which is why i decided to buy a little bit more of tqq. Am i up on tqq? Am i very aggressively invested in tq qqq? Definitely not, but tqqq is a bull triple leverage, so it does decay over time.

Please be aware of that etf that follows the nasdaq market. It is more bullish than it is bearish and because it sold off so much. I see it to be somewhat. As of a dip by opportunity, so from lows of 123 to overall highs of 150, it's over 20 margin, you can see why i find it to be attractive.

That's simply my focus. That's simply my intent. This is about a 20 position size, but guess what a tqq just like the overall market can continue to drop. So please don't try to copy my trade, especially if you don't know how to manage your risk and especially, if you don't know how to tolerate pullbacks.

It's all about position size and it's all about pullbacks. Not only am i focusing on tkq and amc, but you guys know that i'm buying up on a lot of blue chip stocks such as facebook, google, amazon, starbucks companies that i see value in that have recently pulled on back and now is the time now. Is the time, in my opinion, based off of previous just patterns and previous conditions, that while everyone is freaking out as these stocks pull back a little bit, people like you and i can take advantage of the cheaper price and when these stocks recover, we can make That difference, it doesn't mean that they have to recover tomorrow next week next month. It can take time and it can still continue to sell off, which is why we either wait for confirmation or watch our position size.

It is so important, but i wanted to make sure that i do my part not just updating you guys on my green days but of course, my red days as i did yesterday. But i think today was a breath of fresh air for a lot of people that were holding amc, and i just hope that it continues to rally, but just in case amc doesn't. This is why i went from 2300 shares down to 1 000 shares because i can always buy back in, but i can't always sell right, so if it pulls on back, then i can buy more at a cheaper price and that's simply my intent again. I'm not here to try to convince people that are holding amc to no longer hold it.

If that's your intention, then that's your focus and all power to you. I'm just here talking to the people that want to trade amc and that one better understand of why. I buy and why it sell, so i appreciate you guys time. I hope that i earned your thumbs up.

I'm very excited for our live trading session tomorrow at market open and if you want to join us again, that's that second link down below with our learn plan. Profit group, like always, let's make sure that we in the year on a green now take it easy team.